The EEA is a group of companies focused on improving the privacy, scalability and security of Ethereumblockchain applications. Formed in February 2017 by Santander, JP Morgan and a number of other founders, the organization has grown to over 500 members by 2018.

The EEAS, which the EEA has been developing for a year and a half, will serve as a “framework element of the world’s decentralized operating system,” according to Ethereum co-founder Joseph Lubin.